BUZZ-Cognizant gains as Wells Fargo raises PT on strong margins

Reuters01-14

BUZZ-Cognizant gains as <a href="https://laohu8.com/S/EOD">Wells Fargo</a> raises PT on strong margins

** IT consulting firm Cognizant's CTSH.O shares rise 1.4% to $85.64

** Wells Fargo raises PT to $98 from $87, implying upside of 16% to stock's last close

** Brokerage notes co is trading at ~15% discount to Indian IT services peer group, narrowing from historical ~35% gap due to improved organic growth and strong margins

** Avg. rating of 28 analysts is "hold;" their median PT is $87 - data compiled by LSEG

** Stock gained 7.9% in 2025

(Reporting by Anhata Rooprai in Bengaluru)

((Anhata.Rooprai@thomsonreuters.com))

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